Rest of Asia
Capital A said AirAsia Cambodia, a JV with Sivilai Asia, would launch in the second half of 2023.
Advent International, Multiples jointly invest $230m in India's Svatantra Microfin
Tesla in talks with Thai government to set up production facility
Tata Motors to demerge into two firms to sharpen focus on passenger, EV segments
Sea posts first annual profit in 2023 as Shopee clocks strong revenue growth
SEA Digest: Eat Just pauses SG operations; Wise to stop e-wallet services in Indonesia
B2B fintech startup Fairbanc secures $13.3m in Pegadaian-backed debt financing
Vietnamese VC firm VinaCapital Ventures backs teleconference platform Quickom
Bee Alternatives to raise seventh secondary fund this year, targets at least $200m
Foodtech startup Ai Palette raises Series A1 funding from Tin Men Capital
Growth specialist Filter Capital in talks with LPs to raise $98m for new fund
The airline has had acting CEOs since 2020.
The bonds were part of a S$19b rescue package backed by Temasek.
Tencent said ad sales slumped 18% in Q1 2022.
In April, sales of NEVs dropped 61% month-on-month.
Garuda is seeking to slash liabilities of $9.8b to $3.7b under the plan.
UFC is gearing up for its fifth event in SG, which is rival ONE Championship’s home turf.
The company is planning to expand to more locations in SE Asia.
The company will postpone deliveries of its EVs.
The airline reported a net profit of $62.9m for the quarter ended Dec. 31.